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Stanbic IBTC hosts 10th edition of West Africa Investors Conference

Stanbic IBTC has just concluded the 10th edition of the Standard Bank West Africa Investors’ Conference (WAIC). The three-day event which held recently in Lagos was themed: “Prism of Possibilities.”


In Africa, Hotel Brands Sign Deals

Radisson Hotel Group has signed 11 new hotels in Africa within the first nine months of 2019, accelerating its expansion across the continent. This brings the group’s African portfolio to nearly 100 hotels and more than 17,000 rooms in operation and under development across 32 African countries and firmly on track to reach 130-plus hotels […]


Construction of US $50m Church auditorium in Nigeria nears completion

Construction of US $50m church auditorium project in Nigeria nears completion. The church which is being funded by Senior Pastor and founder, Latter Rain Assembly, Tunde Bakare is located at First Bank bus stop on Oregun road.


Marriott International chalks out expansion plans, to add 40 properties across Africa

In a bid to expand its presence in Africa, Marriott International is planning to add 40 properties and over 8,000 rooms across the continent by the end of 2023. Besides, it has also announced signing of agreements in order to open its first property in Cape Verde and also will be further expanding its presence […]


Flanagan & Gerard take shopping malls to the sun

South Africa’s leading shopping centre developer, Flanagan & Gerard Property Development & Investment, has invested more than R16 million to install state-of-the-art solar plants at its malls in an effort to save energy and significantly reduce its carbon footprint.


Oyo to revoke lands without proper documents

The Oyo State Government has urged the people of the state to ensure that they have updated land documents so as not to have their lands revoked or property demolished.


IHG signs deal with Aleph Hospitality to develop 10 franchise hotels in Africa

InterContinental Hotels Group (IHG®) (bit.ly/2la6oJM), one of the world’s leading hotel companies, has signed a Master Development Agreement (MDA) with Aleph Hospitality (AlephHospitality.com) to develop ten franchise hotels across IHG’s portfolio of brands in midscale and upscale segments.


Pushing the boundaries of African hospitality (By Filippo Sona)

On the occasion of the Africa Hotel Investment Forum (AHIF) (https://www.AHIF.com) this week, Filippo Sona, Managing Director, Global Hospitality Drees & Sommer (https://www.DreSo.com/), asks whether Sub-Saharan Africa is ready for an iconic hotel asset that will shape the image of African tourism.


REITs and pension funds to fuel Africa’s next property investment cycle

Africa’s emerging real estate investment trust (REIT) market could become the catalyst for large scale investment into the continent’s growing, albeit still underdeveloped, property sector.


700 New Hotel Restaurants and Bars will be opened in Africa by 2025

A new study released at the Africa Hotel Investment Forum (AHIF) by food and beverage (F&B) strategy & design firm KEANE (www.KeaneBrands.com), forecasts that 700 new hotel restaurants and bars will be opened in Africa by 2025, in internationally branded hotels. The prediction is based on KEANE’s research into 410 F&B venues across the 100 […]


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